courtesy: the economic times
Independent real estate investment consultancy Anarock has announced an investment of around Rs 200 crore from 360 ONE Asset Management Limited, an alternate asset manager, to enhance its tech infrastructure, accelerate its expansion, and introduce innovations.
Anuj Puri, the chairman of Anarock, stated in statement, “We are delighted to have 360 ONE Asset as our first equity investor. This investment will go a considerable way in keeping ANAROCK at the forefront of the industry by fueling further innovation and growth.” Further ahead assuring that the business will continue to explore new high-growth opportunities, Puri shared that finetuning our proprietary Proptech platforms has been a game changer for their real estate marketing capabilities.
“This is by far the most opportune time to expand our reach and services.”
Currently, the Indian real estate accounts for 7% in the country’s GDP, and it is expected to reach 10-13% by 2025. The statement also read that the industry is expected to witness a steady and strong growth over the next decade, with its potential market value surpassing $1 trillion by 2030.
